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Week Ahead Market Report: 10/1/2012

The first trading day of the trading week opens with news that manufacturing in the Euro zone was the lowest in the three months ending on September 30 since the Great Recession, as factories were hit by falling demand despite lower prices, suggesting another recession may be on the way.

Good morning this is the Week Ahead Market Report for October 1, 2012.

In overseas trading, Japan’s Nikkei 225 Stock Average was lower by about 0.83%, while the Hang Seng was higher by about four tenths of a percent. The FTSE 100 was higher by about one percent and the German DAX was higher by about one percent.

On the earnings front, expect to hear from Acuity Brands (AYI) on Tuesday, Marriott International (MAR) on Wednesday, International Speedway (ISCA) on Thursday, and Constellation Brands (STZ) as well as Trip Advisor (TRIP) on Friday.

In economic news, expect to hear data on auto sales on Tuesday, crude inventories on Wednesday, factory orders on Thursday, and consumer credit on Friday.

Join us on Friday for the Weekly Market Wrap and have a wonderful week.

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